The largest energy IPO in over a decade! American LNG company Venture Global seeks a valuation of $110 billion

Wallstreetcn
2025.01.14 00:40
portai
I'm PortAI, I can summarize articles.

U.S. LNG company Venture Global plans to conduct an IPO with a valuation of $110 billion, issuing 50 million shares and raising up to $2.3 billion. This will be one of the largest listings in the energy sector in over a decade. Since its establishment, the company has raised $54 billion for LNG facility construction, and long-term contracts are expected to generate $107 billion in revenue. However, Venture Global faces a $5 billion arbitration claim, which may impact its financial condition